mjr1284

mjr1284

Just learning. This is a short term chart with a scenario showing a run up . ***Not trading advice.

mjr1284

BTC Scenario A Shifted back to the ABC correction from the plunge. Targets are 8k range where we have strong support from the bottom of the channel as well as other trend lines in BTC's price history.

mjr1284

Taking another stab at publishing my idea for the second time. Any constructive criticism on the elliot waves are welcomed! Where is BTC going? Finishing the final wave of a major ABC correction (wave b->c). Jumping around on the first of the sub waves out of the gate. Expecting it to move toward 8k before the correction ends. ***This is not trading advice.

mjr1284

This is just my first real attempt at publishing one of my ideas on an an elliot wave with BTC. I am really just learning and appreciate any constructive feedback. That being said, my charting analysis has this going back down after the final wave 5 of the Elliot wave as it completes the B wave of the larger ABC correction then continues it's bearish trend to the...